NOT LISTED FOR SALE

248 W Howard St Pasadena, CA 91103

Muir Heights Neighborhood

Estimated Value: $1,424,000 - $1,892,000

8 Beds
7 Baths
3,600 Sq Ft
$475/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $925,800 $257 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $10,049/month

36 Days on Market

Highlights

  • Private Yard
  • Tile Flooring
  • Central Heating
  • Laundry Room

About This Home

As of March 2016

No rent Control,great income property boasting 4 units located in the beautiful city of Pasadena near the Rose Bowl, Shopping, Transportation, and minutes away from Old Town Pasadena. All units have been well maintained with long term tenants. Room to increase rent. Current rents are low for the area. The front detached unit has two bedrooms, one bath the remaining three units are two bedrooms and one and a half bathrooms each, including a large living room and kitchen. Property also has a spacious yard area that is perfect for entertaining. This is a great opportunity to live in one and rent the others.

Last Agent to Sell the Property

Autumn Davis

Berkshire Hathaway Home Services Golden Properties License #01438120 Listed on: 01/26/2016

Berkshire Hathaway Home Services Golden Properties

Co-Listed By

Jesse Ramos

COMPASS License #01930503

Last Buyer's Agent

Michael Shaar

Re/Max Tri-City Realty License #01126958

Re/Max Tri-City Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 9,361 Sq Ft Lot
  • Private Yard

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Driveway
  • On-Street Parking

Utilities

  • Central Heating
  • Heating System Uses Natural Gas

Additional Features

  • Gas Oven or Range
  • Tile Flooring

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 5728008035

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: PSR1
  • Property Type: Residential Income
  • Parcel Number: 5728008035
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Appliances: Yes
  • Levels: One, Two

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport, Covered, Driveway, Street
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooking
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas Dryer Hookup

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 9361.00
  • Lot Size Acres: 0.2100

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Lot Size Area: 9361.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2019
Sold by
Shaar Roger H and Shaar Cherylee R
Bought by
Shaar Roger H and The Roger H Shaar Jr Revocable
Current Estimated Value
$1,709,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Outstanding Balance
$851,092
Interest Rate
3.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$858,777

Purchase Details

Listed on
Jan 26, 2016
Closed on
Feb 16, 2016
Sold by
Ruth Pablo Krishnan Dimitrius and Ruth Pablo Joanna
Bought by
Shaar Family Trust
Seller's Agent
Autumn Davis
Berkshire Hathaway Home Services Golden Properties
Buyer's Agent
Michael Shaar
Re/Max Tri-City Realty
List Price
$975,000
Sold Price
$925,800
Premium/Discount to List
-$49,200
-5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%
Original Mortgage
$648,060
Interest Rate
3.1%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 10, 2007
Sold by
Ruth Pablo Krishnan Dimitrius and Ruth Pablo Joanna
Bought by
Ruth Pablo Krishnan Dimitrius and Ruth Pablo Joanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,300
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2006
Sold by
Pablo Krishnan D and Pablo Joanna R
Bought by
Ruth Pablo Krishnan Dimitrius and Ruth Pablo Joanna

Purchase Details

Closed on
Dec 19, 2002
Sold by
The Howard Trust
Bought by
Pablo Krishnan D and Pablo Joanna R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,800
Interest Rate
5.76%

Purchase Details

Closed on
Sep 30, 2002
Sold by
Lenze Jeffrey L
Bought by
The Howard Trust and C I C

Purchase Details

Closed on
Mar 4, 1999
Sold by
Prochazka Family Trust Prochazka Roger And Sh
Bought by
Lenze Jeffrey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,578
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 1994
Sold by
Prochazka Roger and Prochazka Shirley
Bought by
Prochazka Roger and Prochazka Shirley
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shaar Roger H -- Fidelity National Title
Shaar Family Trust $926,000 Fidelity National Title Co
Ruth Pablo Krishnan Dimitrius -- Southland Title Company
Ruth Pablo Krishnan Dimitrius -- None Available
Pablo Krishnan D -- Orange Coast Title
Pablo Krishnan D -- Orange Coast Title
The Howard Trust $364,500 --
Lenze Jeffrey L $289,954 First American Title Co
Prochazka Roger -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaar Roger H $980,000
Closed Shaar Family Trust $648,060
Previous Owner Ruth Pablo Krishnan Dimitrius $616,300
Previous Owner Pablo Krishnan D $348,800
Previous Owner Lenze Jeffrey L $287,578
Closed Pablo Krishnan D $43,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2016 03/25/16 Sold $925,800 -5.0% $257 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $975,000 -- $271 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,086 $1,096,189 $741,053 $355,136
2024 $13,086 $1,074,696 $726,523 $348,173
2023 $12,978 $1,053,625 $712,278 $341,347
2022 $12,354 $1,032,966 $698,312 $334,654
2021 $11,850 $1,012,713 $684,620 $328,093
2020 $11,391 $1,002,330 $677,601 $324,729
2019 $11,417 $982,677 $664,315 $318,362
2018 $11,568 $963,410 $651,290 $312,120
2016 $6,788 $533,421 $207,982 $325,439
2015 $6,712 $525,409 $204,858 $320,551
2014 $6,601 $515,118 $200,846 $314,272
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Autumn Davis

    Berkshire Hathaway Home Services Golden Properties

    Section Image
  • Jesse Ramos

    Seller Co-Listing Agent in 2016

    Jesse Ramos

    COMPASS

    (626) 840-0706

    34 Total Sales

    Jesse Ramos
    Section Image
  • Michael Shaar

    Buyer's Agent in 2016

    Michael Shaar

    RE/MAX

    (818) 249-7653

    34 Total Sales

    Michael Shaar
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-316000793

Pasadena-Foothills Association of REALTORS®

APN: 5728-008-035

California Los Angeles County Pasadena 91103 Muir Heights

248 W Howard St, Pasadena, CA

Not Listed for Sale

MultiFamily

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